Reading Time: 3 minutes The North American Free Trade Agreement has been a boon for Canadian agricultural producers, facilitating cross-border trade and commerce, and fuelling the economic performance and growth of this highly export-driven sector. It has achieved this mainly through the continued reduction of tariffs on agricultural goods, but also through measures addressing non-tariff trade barriers, sanitary and […] Read more
Prairie grain growers have a big stake in NAFTA talks
Trade deal has produced great benefits and can be made even better
Pacific trade pact nations meet to discuss future without U.S.
Ottawa | Reuters — Negotiators from the remaining members of the Trans-Pacific Partnership (TPP) gathered in Canada on Tuesday seeking ways to boost free trade in the region after the U.S. pulled out of the 12-nation pact. The withdrawal killed off years of negotiations and left the region looking for ways to deepen economic ties […] Read more
Paths seen open to post-TPP Pacific trade pact
Santiago | Reuters — Countries that signed up for the failed trade pact known as the Trans-Pacific Partnership (TPP) will meet in Chile next week, seeking a way forward on a possible future regional deal, Chile’s head of international trade told Reuters. Representatives from the 12 countries that formed the TPP, plus China and South […] Read more
Give Trump a chance and ‘play this wisely,’ says Brian Mulroney
Make the case that trade helps both countries, go slow on environmental taxes, and make friends in Asia, says the former PM
Reading Time: 3 minutes Be patient. And don’t worry too much just yet. That’s the advice of former prime minister Brian Mulroney for those wondering what Donald Trump’s presidency will mean for this country. “I know you’re wondering how Canada will fare under the Trump administration,” Mulroney said at FarmTech. “I’ve had the privilege of knowing both Hillary (Clinton) […] Read more
Struggling U.S. farm sector faces new threat as TPP dies
Chicago | Reuters — U.S. President Donald Trump’s decision to back out of the Trans-Pacific Partnership (TPP) trade deal, a US$62 billion market for U.S. farmers, provides a fresh threat to a slumping agricultural economy that has grown increasingly dependent on exports. Agricultural groups expressed disappointment over the move and urged the new administration to […] Read more
Canada says TPP trade deal dead without U.S.
Calgary | Reuters — The Trans-Pacific Partnership (TPP) trade deal cannot proceed without the United States, Canada said on Tuesday, even as Australia and New Zealand pledged to salvage it. U.S. President Donald Trump withdrew from the 12-nation TPP on Monday, following through on an election promise days after his inauguration. “This agreement was so […] Read more
Australia, New Zealand pledge to salvage TPP
Reuters — Australia hopes to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations into the agreement in the wake of U.S. President Donald Trump’s decision to pull his country out of the pact, its trade minister said on Tuesday. New Zealand’s trade minister said ministers from the remaining TPP countries would […] Read more
Trump pledges U.S. withdrawal from TPP on ‘day one’
U.S. President-elect Donald Trump has pledged to start the United States’ exit from the 12-nation Trans-Pacific Partnership (TPP) trade deal on “day one” of his administration in January. In a video released Monday, Trump said his transition team had been directed to put together “a list of executive actions we can take on day one” […] Read more
TPP study sees net ‘neutral’ effect on dairy sector
An economic impact study on Canada’s participation in a Trans-Pacific Partnership (TPP) trade deal finds losses in Canada’s dairy sector would be “offset” by gains for dairy processors from cheaper dairy imports. The study, prepared for the federal government by its Office of the Chief Economist and released Friday, notes Canada has offered expanded access […] Read more
Chile plans to send TPP deal to Congress this year
Santiago | Reuters — The Chilean government is expecting to send the Pacific trade deal known as the Trans-Pacific Partnership (TPP) to its Congress for approval by the end of 2016, President Michelle Bachelet said Thursday. The 12-nation TPP aims to liberalize commerce in 40 per cent of the world’s economy, but its future is […] Read more
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